Located in the vibrant heart of Koreatown, this multi-unit property offers an incredible investment opportunity. The property features multiple units with a total of 17 bedrooms and 17 bathrooms. The thoughtfully designed spaces include shared kitchens and living areas, perfect for maximizing rental potential. This property has been meticulously updated with modern finishes, including sleek vinyl flooring, fresh interior paint, and contemporary fixtures. The kitchens boast quartz countertops and upgraded appliances, while the shared areas are bright, spacious, and inviting. With a Walk Score of 95, this property is steps away from some of the best dining, shopping, and nightlife that Koreatown has to offer. Residents enjoy easy access to public transit and are just minutes from Downtown Los Angeles, making this an ideal location for urban living.
Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6175 in monthly income before expenses, the property features a unit mix of one spacious 3-bedroom, 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.
Motivated Seller! Large price reduction for fast sale. Tucked away in the coveted Hollywood Hills, this multi-unit or multigenerational property offers incredible potential for those seeking to create their dream estate or invest in a unique fixer-upper with endless possibilities. The main unit features 4 bedrooms and 4 bathrooms, with an open kitchen, dining, and living room layout centered around a fireplace. An oversized front balcony offers sweeping views spanning Hollywood to San Pedro and the ocean, while the back balconies provide serene vistas of Griffith Park, the Hollywood Sign, and the Griffith Observatory. The second unit is a private 2-bedroom, 2-bathroom residence with a spacious walk-in closet, its own entrance, and a private balcony to enjoy the surrounding beauty. The third unit is a cozy studio apartment with a large private patio that offers tranquil views of Griffith Park. This property represents a rare opportunity to transform a multi-unit home in one of Los Angeles' most iconic neighborhoods, blending stunning views with versatile living spaces Whether you’re looking for a multi-generational home, an investment property, or a personal residence with room for guests, this unique home combines the best of California living with unmatched views and versatile accommodations.
Exceptional investment opportunity awaits at 1145 W 85th Street in the heart of Los Angeles! This triplex is ideally located just minutes from major sports and entertainment venues, including SoFi Stadium, the Kia Forum, and the Los Angeles Memorial Coliseum. Whether you're a savvy investor or looking for a property with rental income potential, this location offers prime accessibility to LA's booming entertainment district. The property features three units, each with its own unique layout, offering excellent income potential. While the units are in need of updating, this is a golden opportunity for those looking to renovate and add significant value. With some modern upgrades and personal touches, these units could command premium rental rates in this highly desirable area. The front house has 2 bedrooms and 1 bath, the second rear unit is a one bedroom one bath and the last unit is 1 bedroom 1 bath. The property also has potential to build an ADU in the back making this a 4 unit property! So many possibilities with this opportunity! This property is also in close proximity to the new college being built on Western Ave! Additional highlights include a spacious lot with plenty of on-site parking and easy access to public transportation, major freeways, shopping, dining, and entertainment. Don’t miss out on this rare chance to own a multi-unit property in one of LA's most exciting neighborhoods. Perfect for an investor or owner-occupier looking for rental income! This property has endless potential—come see for yourself! All UNITS ARE CURRENTLY OCCUPIED.
Fantastic opportunity to invest in a well maintained building located in high demand westside location. Updated kitchens and baths, laundry onsite, and ample off street parking for tenants. Some units have hardwood floors, fireplaces, and primary suites. Low vacancy rates with high demand units. Prime West LA with quick access to the beaches, 405 and 10 freeways, restaurants/shops of Pico Blvd and Ocean Park Blvd, and public transportation options. Please do not walk property or disturb tenants. Access to units upon accepted offer. Possible development opportunity; buyer to investigate and rely on their own information.
DREAM INVESTMENT OPPORTUNITY ADJACENT TO USC This stunningly rehabbed fourplex offers 3,770 sq. ft. of modern living space, with soaring high ceilings that create a chic, loft-like vibe in every unit. Located just minutes from USC, this property is perfectly positioned for easy access to schools, transportation, shopping, and freeways. Breakdown of Units: 2 x 3 bed / 2 bath (downstairs) 1 x 1 bed / 2 bath (upstairs) 1 x 1 bed / 1 bath (upstairs) A prime investment or owner-occupy opportunity in a fantastic location. ?All units are fully occupied, generating a gross income of $8,000 monthly. Located on a gated 40 x 136 lot, this property offers privacy and convenience, with alley access and gated rear parking. Key Features: 4 Separate Gas & Electric Meters. Perfect for Owner-Occupants & Investors, VA & FHA Financing Welcomed. This is your chance to secure a property that offers steady income or become a homeowner while generating rental income. ? ?Contact us today to schedule a viewing. Don’t miss out on this incredible opportunity!? ? ?
This charming fourplex is close to all of the best food and entertainment Los Angeles has to offer. Built in 1926, this old Hollywood character building is comprised of two (2) two-bedroom/one-and-one-half-bathroom units (upper) and two (2) two- bedroom/one-bathroom units (lower). The property offers a single garage for each tenant and in-unit washers and dryers in each unit. All tenants are month to month with below market rents. Rent roll is as follows: Unit 622 - $2,108/month, unit 622.5 - $2,250, unit 624, $2,042/month, unit 624.5 $2,672/month.
I challenge you to find any multi-family these days in City of L.A. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. Never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. Yet that is exactly what you are getting here at 2611 E 4th St! The rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. Delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. Also in unit laundry in each unit (washer/dryer not provided - hookups only.) All but one of the units will enjoy two car parking. As far as location, this property is a mile away from the 4th St Bridge that takes one right into the Art District, Little Tokyo and all other downtown venues. Not to mention that Boyle Hts itself, particularly this section of Boyle Hts, is truly burgeoning into one of LA's most charming and flourishing neighborhoods, in leaps and bounds. And this property is right in the thick of it all. Bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. Oh yes, forgot to mention that tenants pay for ALL utilities including water and trash. Oh, and one other very important thing - I have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! Oh, and of course you can come see the property anytime. Looking forward to seeing you!
We are pleased to offer this four unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 units. The investment consists of approximately 1,632 of rentable square feet and is situated on two parcels of approximately 5,409 square feet. Recent property upgrades include new exterior paint and two of the units have recently been renovated. The building amenities include a large parking area with four total spaces with ADU potential (buyer to verify), a secured gated entry, and the property is separately metered for gas and electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is in compliance with the Los Angeles Soft-Story Retrofit Program.
Beautifully remodeled duplex in the heart of Los Angeles! Front unit is 3 bedrooms, 1 bath and the back unit is 2 bedrooms, 2 baths. Back unit is a new construction ADU built in 2021. Great opportunity to buy as an investment property or live in one and rent the other! Both units can be delivered vacant before the close of escrow or with tenants. Both units have their own laundry rooms, open floor plans, quartz counter tops and individual yards. No rent control! Seller has an FHA loan with 2.9% interest rate that could be assumed by the buyer. Please do not disturb tenants or go to the property without appointment.
We are pleased to present a four (4) unit apartment building located at 2625 San Marino Street in Los Angeles, California. The subject property is situated in a n ideal Koreatown location, west of S Hoover St and north of W Olympic Boulevard. Built in 1916, this property of a streamlined unit mix of four (4) two-bedroom / one-bathroom units. All four (4) units will be delivered vacant. The units are very spacious averaging over 1,150 square feet each and include washer and dryer hookups. Senate Bill 1211, which recently was signed by the governor, allows for the potential to double the unit count by converting the carports located in the bac k of the property into individual ADU unit(s). This asset also boasts easily maintained landscaping with lovely curb appeal. The surrounding area also features many other wonderful amenities including MacArthur Park, Coffee MCO, Langer's Delicatessen-Restaurant, The Bellwether, and Dynasty Typewriter. This property is also located only a few blocks from the Westlake/MacArthur Metro Line providing tenants immediate access to major employment hubs throughout Los Angeles. Situated in an ideal Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a completely vacant building with the potential to double the unit count.
** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. CURRENTLY PAYING $4,500.00. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom)(CURRENTLY VACANT) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,150 a month. Close proximity to SilverLake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)
$50,000 Price Reduction! 12718 Mitchell Ave is a well-maintained nine-unit apartment building situated in a prime area of Mar Vista. It is conveniently located just one block north of Washington Boulevard and three blocks west of Centinela Avenue, making it close to both Culver City and Marina Del Rey. Built in 1971, the building features a wood frame and stucco construction. The unit mix consists of seven spacious one-bedroom, one-bathroom apartments and two large two-bedroom, two-bathroom apartments. With tenant turnover and updates to modern standards, the rental income could potentially increase by approximately 24%. The property offers on-site laundry facilities, a three-car garage, three parking spaces in front, and six additional spaces in the alleyway. Please note that the mandatory soft-story earthquake retrofit has not yet been completed.
Discover this updated townhouse-style quadruplex nestled in a serene pocket of unincorporated Los Angeles County. Perfect for both investors and owner-occupants, this property offers a blend of contemporary updates, functionality, and charm. All four units have been tastefully updated within the past five years, featuring new flooring, upgraded fixtures, stylish lighting, and fully remodeled kitchens and bathrooms. A newer roof and a brand-new water heater ensure peace of mind and efficiency for years to come. Each unit includes its own private outdoor patio, perfect for relaxing or entertaining. The front unit boasts 3 spacious bedrooms and 2.5 baths, an attached garage with washer/dryer hookups, and a thoughtful layout ideal for comfortable living. Additional 3 units are 2 bedroom, one bathroom. All bedrooms located upstairs. There is an on-site laundry room for use by 2 bedroom units.
Discover an exceptional investment opportunity with this stunning new construction, green-certified six-unit building in the heart of Los Angeles. The building features a diverse mix of two 4-bedroom, 3-bath units; two 4-bedroom, 4-bath units; and two 3-bedroom, 3-bath units. Each unit is meticulously designed with open floor plans, spacious living and dining areas, gourmet kitchens equipped with stainless steel appliances, quartz countertops, and stylish cabinetry. Additional highlights include private yards, in-unit laundry, central HVAC, and sleek, modern bathrooms with premium fixtures. Ample closet space and high-end, durable finishes complete these thoughtfully designed units, built to attract tenants and minimize maintenance costs. Currently fully occupied, the property delivers a strong 5.83% cap rate in year one, with projections increasing to 6.12% in year two due to built-in rent escalations. Adding to the investment’s appeal is the potential to convert two garages into Accessory Dwelling Units (ADUs), creating two additional 2-bedroom units with custom amenities such as kitchens, bathrooms, and living spaces. This value-add opportunity could unlock a potential 7.5% cap rate, further enhancing the already impressive cash flow. With each unit separately metered, landlords avoid utility expenses, boosting profitability. The property’s prime location enhances its value and tenant appeal. Located less than 1.3 miles from USC’s West Entrance and 1.8 miles from the Los Angeles Memorial Coliseum and LAFC Stadium, the building benefits from proximity to key city landmarks and vibrant attractions. Boasting an 85 Walk Score, tenants enjoy easy access to freeways, public transportation, and nearby shopping, dining, and entertainment. The neighborhood’s thriving rental market ensures long-term appreciation and consistent occupancy. Investors also gain peace of mind with a 1-year builder warranty, while the green-certified construction offers energy efficiency and reduced tenant utility costs. The property includes 12 parking spaces (8 covered garage spots and 4 uncovered), a rare and desirable feature in Los Angeles. Best of all, this property is exempt from rent control, allowing for maximum rental income and flexibility. Whether expanding your portfolio or seeking a high-performing investment, this property offers unmatched financial benefits, modern amenities, and strong market potential.
Courtesy: TNG Real Estate Consultants
Courtesy: JohnHart Real Estate
Courtesy: Keller Williams Realty Downey
Courtesy: Compass
2119-2121 1/2 West View is a brand-new 2024 3-unitresidential property located in the desirable Mid-City/West Adams area of Los Angeles. This non-rent control asset includes a stunning single-family front unit with 5 bedrooms and 5 bathrooms, offering 2,600 square feet of modern living space and a 2-car garage. At the rear, a duplex features two separate units, each with over 2,000square feet, 4 bedrooms, a den, and 4 bathrooms. The property has successfully operated as a midterm rental, with options to continue the profitable operation or be delivered vacant. Each unit boasts spacious floor plans, private full baths in every bedroom, pre-wired Cat-6 Internet, and an HD security camera system for added safety. The property includes ample parking with a covered garage and 6 additional spaces. Future potential exists with plans for two additional dwelling units (ADUs) for increased rental income. With solar panels for energy efficiency and separate metering for Water, Gas and Electric, this property offers low maintenance costs and modern amenities, including new stainless-steel appliances. Whether you're an owner-user or an investor, this opportunity in a vibrant neighborhood is not to be missed. The Mid-City area is a vibrant and highly sought-after neighborhood situated in the heart of Los Angeles. Conveniently located between Downtown LA and the Westside, it offers excellent access to transportation, just 2 minutes from the 10 Freeway. Mid-City is known for its diverse community, local amenities, and proximity to major institutions such as USC, Kaiser Permanente, and Cedars-Sinai, making it an exceptionally desirable place to live and invest.
Investment Opportunity: Under-Construction Duplex with Approved Plans for ExpansionThis property is in the final stages of converting a single-family home into two separate units, with only minor finishing work required. Additionally, the property includes RTI (Ready-to-Issue) permits for the construction of two additional units in the back, offering significant potential for expansion and increased income. This is an ideal opportunity for investors or developers looking to maximize returns in a high-demand area. For more information or to schedule a viewing, please contact the listing Agent
*Beautiful 3 Bedroom, 2 Bathroom Duplex in Los Angeles. Welcome to 219 W 52nd St, Los Angeles, CA 90037 where this stunning Duplex awaits you! This charming home offers 1,563 sq ft of living space and is perfect for families. * Key Features: - *Bedrooms*: Unit 1, 3. Unit 2 1 - *Bathrooms*: Unit 1 2 with fixtures and shower. Unit 2 1 with fixtures and shower. - *Living Areas*: Modern sleek design. Open-concept living and dining areas with abundant natural light. - *Kitchen*: kitchen with appliances, and ample cabinet space. - *Outdoor Space*: A large patio, perfect for entertaining. - *Additional Features*: This is a rare opportunity to own a fully vacant Duplex * Location: Situated in the heart of Central Los Angeles, this home is conveniently located near schools, parks, shopping centers, and public transportation. * Additional Information: - *Parking*: Four-car garage with additional driveway parking. - *School District*: Los Angeles Unified School District - *Investment*: Rent. This is a very good-looking property, in a very high demand area very easy to rent, all units are vacant and individual metered except for water. Overall, this is a self-sustainable property with very low maintenance costs, low drought tolerant landscaping) Don’t miss your chance to own this exceptional investment property!
Great cash flow property with huge upside too. 6.4% cash on cash return with current rents and management fee included, 7.2% cap rate. Many upgrades over the years including, Newer roof on both buildings, Copper water pipes, Vinyl windows, new external stairs to top unit in the back building. Possible conversion of garages currently used for storage to ADU to make 7 or 8 units, check with city for allowances. Located in a strong rental area in South Central Area with a great unit mix of five 3 Bdrm and 1 Bath units. Walkable score of 83. Property is separate metered for Gas and Electric and consists of two buildings, a 4-plex up front and duplex along with a 4 car garage in the back. Front 4 units have been converted to 3 bedrooms but third bedroom can easily be used as a living room as well, Buyer to verify permits for all changes and improvements. Market rents shown are for Section 8 approved 2 bedroom units. Garages currently used for storage.
FOR SALE: Charming 3-Unit Investment Property Near Koreatown, Los Angeles! An incredible opportunity to own a versatile triplex in the heart of Los Angeles! Located just minutes from vibrant Koreatown, this property is perfect for investors or owner-occupants looking for additional rental income. Property Highlights: - Unit 1: 1 Bed, 1 Bath – Cozy and bright with well-appointed finishes and a great layout. Expansive upstairs loft, offering versatile functionality as an additional bedroom or customizable living space to suit your needs. - Unit 2: 1 Bed, 1 Bath – Equally inviting, with plenty of natural light and modern touches. Expansive upstairs loft, offering versatile functionality as an additional bedroom or customizable living space to suit your needs. - Unit 3: 2 Bed, 1 Bath – Spacious unit, perfect for families or roommates, featuring an open living area and generous bedroom sizes. Added third room, thoughtfully designed to serve as an entertainment space or a comfortable guest retreat, offering flexibility to enhance your lifestyle. Each unit is thoughtfully designed with unique charm, providing both comfort and functionality. There’s potential to maximize rents while benefiting from an area that continues to thrive. Additional Features: - Prime location near restaurants, shopping, and public transportation. - On-site parking for tenants. - Well-maintained property with low-maintenance landscaping. Don’t miss out on this rare opportunity to own a multi-family property in one of LA’s most sought-after neighborhoods! Whether you're an investor looking for steady rental income or a buyer seeking a place to call home with supplemental income, this property checks all the boxes. Schedule a showing today!
HUGE UPSIDE!! 13.20% MARKET CAP RATE AND 6.36 MARKET GRM. SELLER FINANCING AVAILABLE. Welcome to 445 S Chicago St., an exceptional 6-unit apartment complex located in the culturally vibrant and revitalizing Boyle Heights neighborhood of Los Angeles. Comprising two separate buildings, this well-maintained property offers a unique blend of spacious units, modern amenities, and significant upside potentialan excellent investment opportunity offered below replacement cost, making it particularly attractive for savvy investors and owner-users seeking long-term financial growth.The property's two-building layout provides flexibility and privacy for tenants. The front building features four units, with two on the top floor and two on the bottom, each equipped with private porches or patios that add desirable outdoor space. The rear building houses two additional large 1-bedroom, 1-bath units, providing extra privacy within the property layout. All six units are spacious 1-bedroom, 1-bath layouts, with four units featuring additional dens that offer versatile living space. The property currently has one vacant unit that has been recently renovated to include in-unit amenities such as a washer/dryer, dishwasher, and wall-mounted air conditioner, increasing its appeal for prospective tenants. The remaining five units are occupied, providing immediate income stability (please do not disturb tenants). Five off-street parking spaces serve the six units, adding a valuable amenity in this high-demand area. With projected market rents supporting a 10%+ cap rate and an impressive 8.15 Gross Rent Multiplier (GRM), the property represents a prime opportunity for substantial income growth and long-term appreciation.Additionally, the property is located in a Tier 3 Transit-Oriented Communities (TOC) zone, allowing the possibility to increase the bedroom count within the existing units without the requirement to provide additional parkingan attractive advantage for future development potential (buyer to verify).Situated in Boyle Heights, this property benefits from proximity to the Arts District and Downtown Los Angeles, providing residents with seamless access to top dining, cultural, and entertainment venues. The recently completed 6th Street Bridge enhances connectivity, making it easier than ever for residents to commute and enjoy the neighboring Arts District. Boyle Heights is in the midst of an exciting revitalization, adding further value to the property's future appreciation potential.Boyle Heights is celebrated for its strong sense of community, rich cultural heritage, and diverse dining scene. Residents enjoy easy access to popular Arts District restaurants, such as Bestia, Bavel, Damian, Yangban, and Camphor, all of which contribute to the area's thriving culinary scene. The property's central location also offers excellent public transit and major freeway access, making it especially attractive to tenants seeking both convenience and community.This property is being sold at a price below replacement cost, presenting an immediate value advantage for investors and owner-users. The combination of high income potential, with a 10%+ cap rate and 8.15 GRM at market rents, and its desirable unit mix with modern amenities make this an excellent opportunity. With one vacant unit and an advantageous location, this property is ideal for owner-users looking to capture immediate income and long-term appreciation while residing in a dynamic, growing community.445 S Chicago St. is a rare opportunity to acquire a multifamily asset in one of Los Angeles' most promising neighborhoods, offering current income stability, significant appreciation potential, and immediate value due to its below replacement cost pricing. This property is perfect for investors seeking a sound addition to their portfolio or for an owner-user looking to enjoy both financial returns and a thriving community.
Los Angeles is located in California. Los Angeles, California has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
